Ask the Experts

“What are the combined limits for someone whose employer has both a nonprofit and affiliated for-profit organization, where the individual works for both and participates in retirement plans...

“One of our employees, who consistently defers the maximum to both our 403(b) retirement plan and 457(b) deferred compensation plans, wants to contribute additional funds to the plan...

“We are a church 403(b) plan sponsor, whose headquarters is in a state that requires consent of the employee prior to making any deductions from salary. Could we...

“What are Section 414(h) ‘pick-up’ contributions?”

“I work with a higher education institution that is attempting to incentivize some of our faculty who have reached traditional retirement age to actually retire.

“I work for a plan sponsor that maintains a 403(b) plan with annuity contracts.

“I was recently hired to work with an entity that is a Native American Tribal Government. Can it sponsor a 403(b) plan?”

“I read with great interest your Ask the Experts column discussing the effect of a military leave on a ‘cure period’ where a loan repayment was not made...

“Why are 403(b) plan assets generally not held in a trust?”

“I hear that there is discussion of additional tax reform. Should I be concerned that there will be major retirement plan changes?”

“I am an Employee Retirement Income Security Act (ERISA) 403(b) plan sponsor that is considering automatic enrollment. Are we required to implement automatic enrollment for all employees, or...

“Working at a large 403(b) plan sponsor, I have been spending my summer as usual thus far working with our auditors on the 2017 Form 5500 audit report...

“Our 403(b) non-electing church plan offers safe-harbor hardship distributions. The plan also offers in-plan distributions of rollover contribution balances and after-tax contributions.

“I am aware from a prior Ask the Experts column that the Bipartisan Budget Act of 2018 made some changes to the hardship distribution rules?

“Is a custodial account 403(b) plan under IRC 403(b)(7) an “eligible retirement plan” for purposes of the direct rollover rules? Would it matter if the custodial 403(b) were...

“I work for a 403(b) plan sponsor, and have recently encountered a situation when a few individuals have front-loaded their elective deferrals to the 403(b) plan, so that...

“I used to work for a private tax-exempt organization, but I recently took a job with a public university. In the 457(b) plan that it sponsors, all employees...

“I have heard that a Roth 403(b) can actually help participants maximize their after-tax retirement benefit. If this is true, can the Experts assist me with the math...

“Are 415(m) plans subject to the 10% premature distribution penalty for early distributions from a retirement plan?”

“I have been reading a lot about missing retirement plan participants lately. If our plan has any, should I be concerned about locating them? If so, what steps...